Green Opportunities Inc

Nonprofit profile at a glance

EIN
264230288
IRS 990 coverage
2011–2019
Forms available
Form 990 2019, Form 990-EZ 2009
Location
Asheville, NC, USA
Phone
8283984158
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Youth Development Programs

Official website

Reported finances

Revenue
$670,732
Expenses
$788,444
Assets
$295,008
Liabilities
$454,169

Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

8 people listed

Highest reported compensation

  • TONY ASHFORD (BOARD MEMBER): $3,393 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Green opportunities ("go") connects youth and adults from low-wealth neighborhoods to sustained employment opportunities that support and improve community and environmental health.

What it reported doing in 2019

Green opportunities ("go") ran and completed 3 kitchen ready training programs (1 first tier, 2 2nd tier); helped 32 people in asheville city and additional 10 people outside limits complete job training or be placed in a job. Construction training students completed framing for low income housing. Five students completed their ged. Two students earned their osha certification, one student was assisted with joining a cna class staff and students completed free repairs on 10 homes owned by families who are low income. When the covid-19 pandemic started, the go southside kitchen began serving meals to at risk residents of the public housing authority, haca. Over 25,000 meals were served between march and june 2020. Over the course of the year, go employed go connects youth and adults from low-wealth neighborhoods to sustained employment opportunities that support and improve community and environmental health. Training and placement: the core goal of our trainings is to provide students with the hands on skills and portable technical credentials necessary to find and retain employment. We focus on well paying, sustained employment in jobs that increase community and environmental health. Our targeted curriculum prepares residents for growing industries like green construction, urban agriculture, sustainable landscaping, culinary arts and building science and weatherization.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 87
  • Accountability: 90
  • Sustainability: 18
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.7%; rating input score 93
  • Program expense ratio: 78.9%; rating input score 79
  • Fundraising efficiency: $10.21 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 24th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -17.5%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 0.37; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: 1.54; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 0.4%; rating input score 66; 66th percentile among comparable filings

Growth

  • Program expense growth: 4.1% per year; rating input score 100; 49th percentile among comparable filings
  • Revenue growth: 3.5% per year; rating input score 100; 45th percentile among comparable filings
  • Asset growth: 3.5% per year; rating input score 100; 42nd percentile among comparable filings

Details

  • Where the money goes: 92.7% of revenue deployed · 78.9% of spending went to programs
  • Governance: 4 of 4 board members independent · 6 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $622K in reported program spending
  • Leadership: top reported pay $3K · 8 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 9 filing years from 2011 to 2019
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 40/100.
  • High — Sustainability: Operating margin scored 10/100.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.